Something of value, such as products, services and money, is called a(n)
A)Accounting equation.
B)Business transaction.
C)Source document.
D)Economic consideration.
E)Business event.

Question

Quizplus · Accepted Answer

Something of value refers to an economic consideration, which can include products, services, and money. The other options listed relate to specific accounting or business concepts, but do not directly describe the value itself.

Something of Value, Such as Products, Services and Money, Is